@huiminchen on XAUUSD | PriceONN Community
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For myself, I always have a max risk per trade set, usually 0.5% of my capital. No matter how good a setup looks, sticking to that rule prevents blowing up the account. And of course, always use a stop loss from the get-go, no exceptions. Patience is key, waiting for the right setups is better than forcing trades.
Replies
@huiminchen Yeah, risk management is super important. I always forget to set my stop loss though and then I get rekt. Definitely need to be better about that.